Here’s how much cash these holding companies had on hand at the end of 2019: OMC $4.3 billion WPP $3.8 billion IPG $1.1 billion What should they do with it during this pandemic?
The end of Ogilvy has come. The name may live on awhile longer, but the company is gone. It took roughly 30 years from acquisition by wpp to demise. But the rot didn’t really set in until the 2010s.
What are the pros/cons of moving from WPP to IPG? I can’t give specifics about which agencies but I’m curious in a general sense about benefits, compensation, career growth, culture, etc.
Any other agencies out there with a hiring freeze right now? (Or is WPP just using the covid-19 panic as an excuse?)
Is it so crippling for WPP to simply say WFH? Wtf is “managed remote working.” We are not idiots Mark, people know how to work from home. Ffs.
From Mark Read’s email update on Covid: “the WPP Board and the 19 members of our Executive Committee will each voluntarily take a 20% cut in their salary, initially for the next 3 months” (cont)
I know there’s a lot of variability in this question but... on average what big four holding company pays the best in ranking order? I’ve heard the following: 1. Publicis 2. OmniCom 3. WPP 4. IPG
How is your agency handling client-related travel, as it relates to coronavirus? We got some email from WPP, but it doesn’t seem like enough. What steps are y’all taking? Any insights to share?
Got fired from agency. Had to relocate out of pocket. WPP accidentally pays me 15 days later. Loving the glitch. Out of integrity I reported it. Their response was everything but thankful. (Cont.)
WPP stock is crap. It has a P/E right now under 5. Why isn't anything being done about this? Everyone on top needs replaced immediately.
We're excited to announce that we've been by acquired by WPP in an effort to help them compete with Publicis's Marcel initiative. More details in the comments.
OMC, PUB, WPP, HAVAS SVP&EVPs: those of you who got March bonuses : would you be willing to return them to fund salary for employees laid off bc if virus?
I’m currently at a WPP agency. Another agency within the WPP network reached out to me. Will my current agency know that I’m talking to the new one?
And at your agency? The official communication from WPP has been sent to the EXCO of WPP that the WPP agencies will not be attending or entering Cannes this year. (Cont.)
Thoughts on WPP /WPP agencies under Mark Read’s leadership. Now that it’s been almost 2 years..... Changes for better/worse or reshuffling deck chairs?
Had a creative department catch-up with the whole department today. Our CCO said that there is an ongoing review of the financial situation within the company. We’re a WPP agency...
all Omnicom WPP, and Publicis agencies are mandating work from home. If your boss is mandating you come in, is there any legal recourse? Putting lives in jeopardy?￼